Gold ETF – Nippon India ETF Gold BEES
This ETF Gold has given slightly lower returns than the above two. But it has given up to 37 per cent returns in the last one year. Stock is currently trading at Rs 4370 on the stock exchange. Also has the ability to give better returns.
Gold ETFs combine the best of two worlds – stock trading and gold investment. Gold has been the most sought after investment product in the world for centuries as its value increases with time. Apart from being associated with cultures, gold has evolved as a sound investment. It is an excellent portfolio diversifier and is used to hedge against inflation and currency depreciation.
Investment Objective:
The investment objective of Nippon India ETF Gold BeES is to provide returns that, before expenses, closely correspond to the returns provided by Domestic price of Gold through physical gold. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Conclusion:
Compared to physical gold, Gold ETFs generate income through investment returns. These can also be used as collateral against loans. These make Gold ETFs a good investment option.
I hope you will understand the share analysis report, future target price of share and happy with us but if you have any other doubt or query regarding share then you can post your query or feedback here.
